Tilghman co-chairs new state economic development commission
Princeton NJ -- President Tilghman has been selected by Gov. James E. McGreevey to co-chair a new state commission intended to strengthen the New Jersey economy and create jobs.
Tilghman will head the Commission on Jobs, Growth and Economic Development with the governor and Roy Vagelos, retired chairman of Merck & Co.
"The commission will set forth a blueprint to enable New Jersey to not simply compete in the new economy, but to thrive and prosper in the coming decade," McGreevey said. "We have the ability to make New Jersey the premier state for research, development and innovation -- and to encourage companies to build facilities here and create high-paying jobs for skilled workers."
McGreevey said the commission will create jobs by maximizing the advantages and resources New Jersey offers to the business community. "We are located in close proximity to major financial centers in New York City and Philadelphia, and we offer access to a premier transportation network," he said. "We have a world-class industrial base, leading academic research universities and a commitment to making New Jersey a national model for education. We also have a highly skilled work force and a critical mass of research talent at our pharmaceutical, telecommunications and high-tech companies."
Forty-two university, business and government leaders are serving on the commission, including Burton Malkiel, the Chemical Bank Chairman's Professor of Economics at Princeton. The commission's first meeting is scheduled for May 1.
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